Demographic change and climate change

Michael Rauscher

The paper uses a continuous-time overlapping-generations model with endogenous growth and pollution accumulation over time to study the link between longevity and global warming. It is seen that increasing longevity accelerates climate change in a business-as-usual scenario without climate policy. If a binding emission target is set exogenously and implemented via a cap-and-trade system, the price of emission permits is increasing in longevity. Longevity has no effect on the optimal solution of the climate problem if perfect intergenerational transfers are feasible. If these transfers are absent, the impact of longevity is ambiguous.

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Year of publication:	[2019]
Authors:	Rauscher, Michael
Publisher:	Munich, Germany : CESifo, Center for Economic Studies & Ifo Institute
Subject:	Klimawandel \| Climate change \| Bevölkerungsentwicklung \| Demographic development \| Klimapolitik \| Climate policy \| Sterblichkeit \| Mortality \| Endogenes Wachstumsmodell \| Endogenous growth model \| Overlapping Generations \| Overlapping generations

Extent:	1 Online-Ressource (circa 25 Seiten) Illustrationen
Series:	CESifo working papers. - München : [Verlag nicht ermittelbar], ISSN 2364-1428, ZDB-ID 2065232-X. - Vol. no. 7676 (May 2019)
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Other identifiers:	hdl:10419/201902 [Handle]
Classification:	Q56 - Environment and Development; Environment and Trade; Sustainability; Environmental Accounting ; o44 ; O41 - One, Two, and Multisector Growth Models ; J11 - Demographic Trends and Forecasts ; J19 - Demographic Economics. Other
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012026344